NOT LISTED FOR SALE

1 Barge Ln Somerset, NJ 08873

Estimated Value: $977,000 - $1,051,000

5 Beds
5 Baths
-- Sq Ft
2.41 Acres

Last Sold June 09, 2021

Last sale price $640,000

Est. 58% increase in value since last sale

Current estimated payment $6,591/month

3 Days on Market

Highlights

  • 2.41 Acre Lot
  • Wood Flooring
  • Eat-In Kitchen
  • Colonial Architecture
  • 2 Car Attached Garage
  • Central Air

About This Home

As of June 2021

This home is located at 1 Barge Ln, Somerset, NJ 08873 since 06 April 2021 and is currently estimated at $1,012,321. This property was built in 1999. 1 Barge Ln is a home located in Somerset County with nearby schools including Franklin High School, St. Augustine of Canterbury School, and Cheder Menachem.

Last Agent to Sell the Property

Barbara Mulcahy

RE/MAX INTEGRITY ADVANTAGE Listed on: 04/06/2021

RE/MAX INTEGRITY ADVANTAGE

Last Buyer's Agent

KUSHAL SHAH

RE/MAX INSTYLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,354

Year Built

  • Built in 1999

Lot Details

  • 2.41 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • Living Room with Fireplace
  • Eat-In Kitchen
  • Finished Basement

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air
  • Two Cooling Systems Mounted To A Wall/Window
  • Multiple Heating Units
  • Underground Utilities
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 2708-00036-0001-00035-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,354

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1999
  • Year Built Description: Approximate
  • County Name: Somerset
  • Directions: Suydam Rd right Peoples to Barge
  • I D: 5061312
  • First Name: BARBARA
  • First Name3: KUSHAL
  • Last Name: MULCAHY
  • Last Name3: SHAH
  • Office Phone: 908-665-0600
  • Office Phone3: 609-921-2700
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpeting, Wood
  • Fireplace Description: Living Room
  • Number of Fireplaces: 1
  • Appliances: Refrigerator
  • Bedrooms: 5
  • Bathrooms: 3.20
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Description: Finished
  • Kitchen Area: Eat-In Kitchen
  • Phone: 908-665-0600

Exterior Features

  • Exterior Description: Stucco
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Septic
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 2.407 ACRES
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.41
  • Zoning: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 15354
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00036-0001-00035-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.259
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 2, 2021
Sold by
Battle Derek and Dixon Kim
Bought by
Malik Aliya and Khan Waseem
Seller's Agent
Barbara Mulcahy
RE/MAX INTEGRITY ADVANTAGE
Buyer's Agent
KUSHAL SHAH
RE/MAX INSTYLE
List Price
$699,900
Sold Price
$640,000
Premium/Discount to List
-$59,900
-8.56%
Current Estimated Value
$1,012,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,321
Avg. Annual Appreciation
10.73%
Original Mortgage
$512,000
Outstanding Balance
$463,552
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$548,769

Purchase Details

Closed on
Feb 19, 2003
Sold by
Martin Lowell
Bought by
Battle Derek and Dixon Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.95%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Hovnanian K
Bought by
Martin Lowell and Martin Aletha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Malik Aliya $640,000 Title Authority Llc
Malik Aliya $640,000 Fidelity National Title
Battle Derek $525,000 --
Martin Lowell $388,556 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Aliya $512,000
Closed Malik Aliya $512,000
Previous Owner Battle Derek $410,000
Previous Owner Martin Lowell $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $640,000 -8.6% --
04/09/2021 04/09/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $699,900 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,383 $1,054,500 $416,500 $638,000
2024 $15,383 $853,200 $376,500 $476,700
2023 $15,466 $804,700 $326,500 $478,200
2022 $14,798 $729,700 $251,500 $478,200
2021 $15,354 $689,700 $211,500 $478,200
2020 $15,354 $679,700 $201,500 $478,200
2019 $14,859 $649,700 $171,500 $478,200
2018 $15,008 $649,700 $171,500 $478,200
2017 $15,067 $649,700 $171,500 $478,200
2016 $15,196 $649,700 $171,500 $478,200
2015 $15,557 $669,700 $191,500 $478,200
2014 $15,318 $669,500 $191,500 $478,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3703214

Garden State MLS

APN: 08-00036-01-00035